Income tax and ITR
Every ITR Starts From AIS and the Books
An ITR workspace that matches each AIS and 26AS line to the books or a document before anything is computed. Regimes are compared side by side, and the season dashboard shows every client’s return by stage.
ITR workspace · AY 2027-28A. Kulkarni
- Interest from savings account₹12,480Matched to bank
- TDS on rent received₹28,800Matched to 26AS
- Sale of listed shares₹3,40,000Needs capital gains
Every AIS line is matched or explained before the return is computed.
01 · What it does
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Income Tax, Line by Line
What each part does, and which plans include it. Plan lines come from the same entitlement registry the product enforces.
01
ITR workspace
Every schedule for ITR-1 to ITR-7, with old and new regime compared before you choose.
Professional and up; add-on on Starter
02
AIS, TIS and 26AS import
Import the statements and map each line to income, TDS or a document.
Professional and up; add-on on Starter
03
Computation from the rule tables
Slabs, surcharge, relief, cess and rebates come from the rule pack for the year.
All plans
04
Advance tax planner
Instalments and interest worked out as the year’s income firms up.
All plans
05
Corporate tax
Computation under the regime the company has chosen, including MAT where it applies.
Professional and up
06
Tax audit preparation
Data for the tax audit report gathered from the books and registers.
Professional and up
07
Broker statements
Capital gains from broker statements, lot by lot.
Professional and up
08
Filing as an ERI
Direct filing and e-verification tracking once our ERI licence is in place.
Coming soon
02 · How it runs
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Return Season, One Client at a Time
A season dashboard for the firm and a checklist for each return.
- 1
Statements in
AIS, TIS and 26AS imported, and the client uploads what is missing from the portal.
Client
- 2
Every line explained
Each statement line is matched to the books or marked with a reason.
Article
- 3
Computed and compared
Both regimes computed, the better one recommended with the figures.
Manager
- 4
Approved and filed
The client approves the computation, and the acknowledgement is stored.
Partner
03 · Where Veda helps
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Veda Prepares the Notice Reply With Its Evidence
When a notice arrives, the Notice agent reads it, gathers the evidence and drafts the reply for the partner to sign.
- The demand and the deadline read from the notice itself
- An annexure that ties each figure to its source
- The reply waits for a partner; nothing is filed by Veda
- Veda proposes. A person with the right role approves.
Reply to the ITC mismatch notice for Sep 2025
Sabarmati Ceramics Pvt Ltd · Evidence for 11 of 12 invoices
- 1The notice asks why ITC claimed exceeds GSTR-2B by ₹84,210 for September 2025.
- 211 of the 12 invoices appeared in GSTR-2B for October 2025 after late vendor uploads.
- 3One invoice is still missing, so the draft proposes reversing ₹6,120 with the reply.
Draft reply with an annexure
Invoice-wise table showing where each credit appears in 2B
Propose a reversal
₹6,120 for the one invoice still missing, as a journal for approval
Add the reply deadline to the calendar
Assigned to Rohan Mehta, reminder 3 days before
04 · Forms and neighbours
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Covered Forms, and What It Works With
The forms and records this module prepares, and the modules it shares data with.
- ITR-1 to ITR-7
- AIS
- TIS
- 26AS
- Advance tax
- Tax audit
TDS and TCS
TDS
Deduction registers from bills and payments, sections under both Income-tax Acts, challans, quarterly returns and certificates.
Explore TDSAccounting
Books
Schedule III books, vouchers, bank reconciliation, period locks, edit log, fixed assets and financial statements.
Explore BooksClient portal
Client portal
Bank statement checklists, multi-file bill upload, approve-before-file, e-sign, online payments and WhatsApp confirmations.
Explore Client portal
Questions
Income Tax Questions
Ask anything else in the demo, with the product open.
Which ITR forms are covered?
ITR-1 to ITR-7, with the schedules each form needs. The workspace comes with Professional and above, and as an add-on on Starter.
Can we file directly from OneTrails?
Direct filing as an ERI follows our licence. Until then you export the return in the portal’s format and the acknowledgement is stored back against the client.
Does it handle companies as well as individuals?
Yes. Corporate tax computation and tax audit preparation are part of Professional and above.
Income Tax in a demo
See Income Tax With Your Own Clients.
We set up a demo workspace with work like yours and walk through a real month, approvals included.